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Daily: Crude oil futures increase on Ukraine gas supply disruption threat, new EU sanctions against Russia
Crude oil futures increased on Monday as Ukraine urged the European Union to extend sanctions against Russia, while Russian gas giant Gazprom has threatened to disrupt natural gas supplies to Ukraine.
read more... 13/05/2014
Daily: European spot power prices decreased before holiday
Brent crude fluctuated around $108 a barrel on Thursday, maintaining the majority of the gains from the previous session since crude imports in China, the world's second major oil consumer, attained a record high, according to the country’s customs data.
read more... 08/05/2014
Cyprus: alternative gas supply to be proposed to Europe
Cyprus might propose Europe an alternative gas supply, as stated by Cypriot President Nicos Anastasiades during a visit to Berlin on Tuesday, aiming to decrease the nation's reliance on Russian natural gas.
read more... 07/05/2014
Daily: British gas prices drop amid low demand, LNG ample imports
U.S. crude oil futures ended nearly unchanged on Tuesday, but rebounded after the settlement trade closure after the industry group the American Petroleum Institute unveiled that crude inventories fell the previous week, challenging analysts’ expectations for an increase. Meanwhile, Brent crude prices declined on Tuesday dragged down by the restart in Libyan supply.
read more... 07/05/2014
Daily: Oil prices increase on escalating tension in Ukraine, strong job growth in the U.S.
Crude oil prices boosted on Friday on escalating violence in Ukraine and as data showed that U.S. employers hired in April at the quickest pace in more than two years, dragging down unemployment to a 5-1/2-year low of 6.3 percent.
read more... 05/05/2014